CISA in talks with Japan and Korea on surge in steel imports

Mr Wu Xinchun, the deputy general secretary of China Iron & Steel Association disclosed yesterday that steel associations from China, Japan and S. Korea are now under discussion to seek method tackling flooding in steel import.

Mr Wu said the coordination among the three country's steel associations is another way to prevent the increasing steel import.

At the meanwhile, steel mills from the three countries also have had meetings and discussed the measures to tackle the huge steel import.

Statistics show by the end of May, Japan and S. Korea were China's two largest steel import originations. With the import from Japan recorded at 1.72 million tonnes and that of South Korean origin at 1.56 million tonnes.

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